BRAZILIAN NICKEL: PLC Announces Board Changes

Brazilian Nickel (BRN), the private UK company developing its nickel laterite heap leach project in Brazil, is pleased to announce the appointment of Brian Menell as Non-Executive Chairman, succeeding Paul Lush who will now become Deputy Chairman.

Mr Menell joined the Board in December 2020 following a US$25 million investment from TechMet Limited, of which he is Chairman and Chief Executive.

"It has been an absolute pleasure to work with Mike and Anne Oxley as we have developed Brazilian Nickel to this stage. However, the company has now reached the stage where a new set of skills and relationships is needed to help guide the company through the next phase of its evolution. I am delighted that Brian Menell has agreed to take up the role and I look forward to working with him to deliver on our plans." said Paul Lush, Deputy Chairman

Mike Oxley, Chief Executive Officer said, "I want to thank Paul Lush for his many years of service to the company as Chairman of the Board and I am very glad that he will remain an executive director and continue to develop BRN with us as Deputy Chairman.